Press release
Industrial Internet of Things (IIoT) Market 2023, Growth Rate, Key Application, Industry Demand, Trends, New Technology Analysis and Segments, Forecast 2029
Industrial Internet of Things (IIoT) Market
This Industrial Internet of Things (IIoT) report illustrates the global Industrial Internet of Things (IIoT) Market's potential in terms of investment potential in various market segments, as well as the feasibility of explaining the feasibility of a new project to be successful in the near future. The global market is divided into three major segments: product types, SMEs, and large corporations. The report also collects data for each major market player based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications, and current contact information.
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Highlights
The global Industrial Internet of Things (IIoT) market was valued at US$ 1192.8 million in 2022 and is anticipated to reach US$ 3695.6 million by 2029, witnessing a CAGR of 20.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
By Company
- IBM
- Cisco
- Microsoft
- Dell
- Siemens
- Intel
- SAP
- ABB
- Bosch
- Hitachi
- Vodafone
- Schneider Electric
- Panasonic
- Honeywell
- GE
- AT&T
- Huawei
- Ericsson
- Toshiba
- NEC
- Dassault Systèmes
- Belden
- Digi International
- Haier
- PTC
- Midea
- Foxconn Industrial Internet
- Boe Technology Group
- Kyland Technology
- Tsinghua Tongfang
- Fujian Star-net Communication
- CIMC IOT Technology
Segment by Type
- Hardware
- Software
- Service
Segment by Application
- Manufacturing
- Energy and Electricity
- Oil and Gas
- Metals and Mining
- Logistics
- Transportation
- Agriculture
- Medical Insurance
- Construction
- Others
Global core industrial internet of things players include IBM, Cisco and Microsoft etc. The top 3 companies hold a share about 15%. America is the largest market, with a share about 28%, followed by Europe and China.
In terms of product, Service Product is the largest segment with a share about 38%. And in terms of applications, the largest application is manufacturing with a share about 21%.
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This report presents the worldwide Industrial Internet of Things (IIoT) Market size (value, production and consumption), splits the breakdown (data status 2017-2023 and forecast to 2029), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Industrial Internet of Things (IIoT) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware
1.2.3 Software
1.2.4 Service
1.3 Market by Application
1.3.1 Global Industrial Internet of Things (IIoT) Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Manufacturing
1.3.3 Energy and Electricity
1.3.4 Oil and Gas
1.3.5 Metals and Mining
1.3.6 Logistics
1.3.7 Transportation
1.3.8 Agriculture
1.3.9 Medical Insurance
1.3.10 Construction
1.3.11 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Industrial Internet of Things (IIoT) Market Perspective (2018-2029)
2.2 Industrial Internet of Things (IIoT) Growth Trends by Region
2.2.1 Global Industrial Internet of Things (IIoT) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Industrial Internet of Things (IIoT) Historic Market Size by Region (2018-2023)
2.2.3 Industrial Internet of Things (IIoT) Forecasted Market Size by Region (2024-2029)
2.3 Industrial Internet of Things (IIoT) Market Dynamics
2.3.1 Industrial Internet of Things (IIoT) Industry Trends
2.3.2 Industrial Internet of Things (IIoT) Market Drivers
2.3.3 Industrial Internet of Things (IIoT) Market Challenges
2.3.4 Industrial Internet of Things (IIoT) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Industrial Internet of Things (IIoT) Players by Revenue
3.1.1 Global Top Industrial Internet of Things (IIoT) Players by Revenue (2018-2023)
3.1.2 Global Industrial Internet of Things (IIoT) Revenue Market Share by Players (2018-2023)
3.2 Global Industrial Internet of Things (IIoT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Industrial Internet of Things (IIoT) Revenue
3.4 Global Industrial Internet of Things (IIoT) Market Concentration Ratio
3.4.1 Global Industrial Internet of Things (IIoT) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Industrial Internet of Things (IIoT) Revenue in 2022
3.5 Industrial Internet of Things (IIoT) Key Players Head office and Area Served
3.6 Key Players Industrial Internet of Things (IIoT) Product Solution and Service
3.7 Date of Enter into Industrial Internet of Things (IIoT) Market
3.8 Mergers & Acquisitions, Expansion Plans
and More…
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